Law Enforcement Zeroes in on Russian Sanction Evasion Schemes
Perkins Coie attorneys predict a historic push by the DOJ among other regulators to find and stop companies and individuals from evading sanctions imposed against Russia in their business dealings. Companies that fail to get their compliance houses in order risk getting swept up in the coming wave of unprecedented international enforcement efforts, they say.
The global response to Russian's invasion of Ukraine has led to a cascade of multilateral sanctions targeting Russian governmental agencies, state-owned entities, banks, government officials, and private business leaders accused of support for Russian President Vladimir Putin's warmongering. As the war continues, the U.S., in coordination with its international partners, will be increasingly focused on preventing inevitable attempts at evasion.
